News
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Gold Sentiment Suggests a Bullish Bias Despite Net-Long Positions
Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.
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GBPUSD: Prices May Fall While Traders Remain Net-Long
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.
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Nikkei 225 Technical Analysis: Slip Threatens Long-Term Uptrend
The Nikkei 225 has recovered quite well from the new 2018 lows printed this week, but it remains pressured and the usual year-end market caveats certainly apply
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EUR/GBP Technical Analysis: Descent Through Trend Support Fails
EUR/GBP prices are on the verge of the best weekly winning streak in 2018 and since May 2017, the pair appears to be entering consolidation after a descent through a trend line failed.
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Big-picture Technical Analysis for USD, Gold Price, Crude Oil, and S&P 500
Dialing back to the longer-term charts, several major markets have interesting technical backdrops which could lead to big moves in the weeks and months ahead.
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Bitcoin Sentiment Sparks a Bullish Bias
Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
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XE Market Analysis: Europe – Dec 28, 2018
The Dollar has traded softer against most currencies so far today, posting a one-week low versus the Euro and a two-day low against the Yen. EUR-USD’s high is 1.1466, with focus set on the seven-week high seen last week at 1.1485, and USD-JPY’s low is 110.45, with focus set on the four-month low seen earlier […]
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XE Market Analysis: North America – Dec 28, 2018
Dollar weakness alongside Yen and Swiss Franc outperformance have remained the dominant theme in thin year-end forex markets, with the safe haven currencies ascending despite concurrent gains in most global stock and commodity markets. USD-JPY lost over 0.5% in posting a low of 110.23, returning focus on the four-month low seen earlier this week at […]
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Malaysia on track to achieve Sustainable Development Goals Indicators 2030
KUALA LUMPUR (Dec 28): Malaysia is on the right track to achieve the Sustainable Development Goals (SDGs) Indicators 2030, said the Department of Statistics Malaysia. In…
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China cracks down on Marxist group after Mao birthday detention
BEIJING (Dec 28): A top Chinese university has cracked down on a campus student Marxist society, replacing its leadership after its former head was detained…
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'Completely bizarre' stock moves leave traders scratching heads
SINGAPORE (Dec 28): As a turbulent December in equity markets draws to a close, there’s one thing traders and investors can agree on: these are…
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National B40 Protection Scheme to start on Jan 1, 2019 — MoF
KUALA LUMPUR (Dec 28): The National B40 Protection Scheme will kick off with an initial fund size of RM2 billion on Jan 1, 2019, and…
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Grab ordered to pay compensation to Vietnamese taxi firm
HANOI (Dec 28): A Vietnamese court on Friday ordered ride-hailing firm Grab to pay 4.8 billion dong (US$206,985) in compensation to a local taxi operator,…
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Malaysian stocks end Christmas week on positive note
KUALA LUMPUR (Dec 28): Malaysian stocks closed higher today, supported by late window-dressing activities with positive sentiment driven partially by gains seen on Wall Street. The…
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More Americans blame Trump for government shutdown: Reuters/Ipsos poll
NEW YORK/WASHINGTON (Dec 28): More Americans blame President Donald Trump than congressional Democrats for the partial U.S. government shutdown, according to a Reuters/Ipsos poll released…
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Tabung Haji commences sale of underperforming assets to SPV
KUALA LUMPUR (Dec 28): The special purpose vehicle (SPV), set up to take over RM19.9 billion worth of Lembaga Tabung Haji’s underperforming properties and equities,…
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PUC, Berjaya Land, Paramount Corp, Paragon Globe, Mesiniaga, YTL Power, Scientex, Red Sena, CLIQ Energy, Astro Malaysia, Gabungan AQRS, Fiamma, Prestar Resources and FSBM
KUALA LUMPUR (Dec 28): Based on corporate announcements and news flow today, stocks in focus on Monday (Dec 31) may include PUC Bhd, Berjaya Land…
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Malays must change their character and value system to succeed — Mahathir
PUTRAJAYA (Dec 29): Government affirmative action to help the Malays in this country will not achieve the objectives if the Malays themselves do not want…